All articles tagged with #adobe
Adobe launches Firefly Custom Models in public beta, letting creators train AI image generators on their own assets to preserve character designs and styles, with private-by-default training and consent checks to prevent unauthorized use or training of Adobe’s general models.
Google's AI-powered Stitch redesign adds an AI-native, voice-enabled design canvas that could reduce demand for Adobe's design software, weighing on ADBE shares. The move comes as Stitch aims to make design more accessible, while analysts show mixed targets and Adobe trades near 52-week lows with weak momentum indicators.
Jefferies' CIO AI survey identifies Microsoft, Snowflake, and Oracle as top enterprise-software picks due to AI adoption, while Adobe and DocuSign are seen as most at risk from AI displacement; application software is viewed as more exposed to disruption than infrastructure software.
Adobe has agreed to a $150 million settlement with U.S. regulators over subscription practices deemed hard to cancel, with $75 million in civil penalties and $75 million worth of free services for affected customers. Regulators alleged that Adobe hid early termination fees and forced a complex cancellation process in its “annual paid monthly” plans, violating the Restore Online Shoppers’ Confidence Act. The settlement requires upfront disclosure of cancellation fees, reminders before free trials convert to paid plans, and simpler cancellation options. Adobe says the settlement closes the case and will notify eligible users about the free services once approved.
Adobe will pay $75 million to settle a US government lawsuit alleging it harmed consumers by hiding termination terms and imposing early termination fees on Creative Cloud subscriptions; the company will also offer $75 million worth of free services to affected customers if the settlement gains final court approval, and it denies wrongdoing while noting improvements to transparency. The announcement follows news that CEO Shantanu Narayen plans to step down after 18 years at the helm.
Adobe posted Q1 earnings above estimates—$6.06 per share on $6.4 billion revenue—while announcing that longtime CEO Shantanu Narayen will step down (staying as chair until a successor is named). The company also highlighted AI-driven growth, with AI-first ARR more than tripling year over year, and guided Q2 to about $5.80-$5.85 per share on $6.43-$6.48 billion revenue, as investors weigh AI disruption risks and leadership changes despite the solid results.
A live market snapshot shows Adobe (ADBE) down about 1.4% to 269.78, Ulta Beauty (ULTA) down about 4.3% to 624.70, and a mix of other stocks moving in various directions. Crypto assets are among the gainers, with Bitcoin (BTC-USD) up ~2.9%, Ethereum (ETH-USD) up ~3.9%, and XRP (XRP-USD) up ~3.8%, alongside other tickers listed in the feed.
Shantanu Narayen tells Adobe staff he will transition from the CEO role after a successor is named, remaining as chair to support the board and the next leader. He highlights Adobe’s growth from ~3,000 to 30,000 employees and revenue of about $25 billion, and emphasizes AI-driven opportunities as the company pursues its FY26 priorities. He notes the next era of creativity will be shaped by AI and new workflows, and invites employees to an upcoming meeting to discuss quarterly results and questions.
Adobe topped Q1 FY2026 estimates with EPS of $6.06 and revenue of $6.4 billion (up 12.1%), driven by AI-first ARR growth; ARR reached $26.06 billion and operating cash flow was a record $2.96 billion. Subscription revenue rose across segments, while CEO Shantanu Narayen said he will step down after a successor is named. For Q2, guidance calls for revenue of $6.43–$6.48 billion and adjusted EPS of $5.80–$5.85, and despite the beat the stock fell in after-hours trading as investors weigh the outlook and leadership transition. Analysts’ Hold rating with a ~$370 target suggests meaningful upside remains but sentiment is mixed.
Volatile tech markets create a buying window for three proven, subscription-based leaders. The Motley Fool argues that with $1,000 you could consider Adobe (ADBE), ServiceNow (NOW), and Netflix (NFLX). Adobe trades around a 12x forward P/E after a 38% pullback and shows robust demand with rising remaining performance obligations, signaling AI-enabled growth. ServiceNow has fallen from its highs but still guides roughly 20% annual revenue growth in 2026, with 98% renewal and a forward P/E around 30. Netflix, despite a pullback of about 26% from recent highs, retains a large addressable market, solid 10+%+ revenue growth backdrop, and strong free cash flow, suggesting significant long-term upside. Overall, the article views these names as attractively valued, long-term bets amid market volatility.
Adobe’s Photoshop AI assistant is now in public beta for web and mobile, offering automatic or guided edits via prompts (and voice on mobile) with scribble-to-object generation powered by Firefly. It includes Generative Fill, Remove, Expand, Upscale and Background Remove, and links to Microsoft 365 Copilot. Generative credits monetize usage: unlimited generations for paid subscribers until April 9; free users get 20 generations. The piece questions its costs and usefulness, noting it's currently aimed at hobbyists.
Adobe launches a public beta of an agentic AI Assistant in Photoshop for web and mobile, letting users describe edits or have the AI perform them, plus a new AI Markup tool and expanded Firefly-powered image editing features across Photoshop apps.
Adobe is beta-launching Quick Cut for Firefly’s video editor, which automatically stitches uploaded footage or AI-generated clips into a structured first cut from text prompts and simple inputs. It offers a transcription timeline and controls over aspect ratio and length to speed creation, aiming to reduce tedious manual assembly—though the result still requires refinement before final polish.
Adobe will stop selling the 2D animation app Animate on March 1, 2026, with existing users able to download their files until March 1, 2027 (enterprise customers until March 1, 2029). The history goes back to 1996 as FutureSplash/Flash before being renamed Animate in 2015; Adobe says Creative Cloud Pro users can replace some functionality with After Effects or Express, but many creators—like those behind Chikn Nuggit and Salad Fingers—warn the shutdown could harm jobs and render past works as lost media. In the past year Adobe has leaned into AI with Firefly and AI editing tools, signaling a shift away from Animate.
Adobe is rolling out Firefly Foundry, an AI platform that relies on 'commercially safe' models to generate high-fidelity images, video, audio, 3D and vector outputs anchored to a brand's universe, designed to speed productions while protecting artistry and ownership. Backed by top agencies (CAA, WME, UTA), B5 Studios, Promise Advanced Imagination, Cantina Creative and directors like David Ayer and Jaume Collet-Serra, the launch underscores a push to harmonize creativity and AI. The move comes as Sundance highlights Adobe-powered work (85% of festival selections) and Hollywood negotiates AI safeguards around copyright and labor.